RYAN (Ryan Specialty Holdings) Scaled Net Operating Assets: 0.43 (As of Jun. 2026)

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RYAN Ryan Specialty Holdings Inc RYAN
81 GF Score
Price $43.87
GF Value $79.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Ryan Specialty Holdings Scaled Net Operating Assets?

Ryan Specialty Holdings RYAN +0.85% 81 Scaled Net Operating Assets is 0.43 as of Jun. 2026. GuruFocus rates RYAN with a GF Score™ of 81/100 and a GF Value™ of $79.92 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ryan Specialty Holdings's operating assets for the quarter that ended in Jun. 2026 was $11,827 Mil. Ryan Specialty Holdings's operating liabilities for the quarter that ended in Jun. 2026 was $7,143 Mil. Ryan Specialty Holdings's Total Assets for the quarter that ended in Mar. 2026 was $11,012 Mil. Therefore, Ryan Specialty Holdings's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2026 was 0.43.

RYAN
81GF Score
Ryan Specialty Holdings Inc RYAN
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ryan Specialty Holdings Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ryan Specialty Holdings's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(10405.849-5779.395)/9649.918
=0.48

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=10564.171 - 158.322
=10405.849

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=9310.12 - 3444.551 - 86.174
=5779.395

Ryan Specialty Holdings's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2026 )
=(Operating Assets (Q: Jun. 2026 )-Operating Liabilities (Q: Jun. 2026 ))/Total Assets (Q: Mar. 2026 )
=(11826.516-7142.924)/11011.638
=0.43

where

Operating Assets(Q: Jun. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=11966.635 - 140.119
=11826.516

Operating Liabilities(Q: Jun. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=10950.49 - 3717.194 - 90.372
=7142.924

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Scaled Net Operating Assets of 0.43 mean?
Ryan Specialty Holdings (RYAN) has a Scaled Net Operating Assets of 0.43 as of Jun. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ryan Specialty Holdings and its competitors.
Is Ryan Specialty Holdings' Scaled Net Operating Assets too high?
Ryan Specialty Holdings' current Scaled Net Operating Assets is 0.43. Overall, Ryan Specialty Holdings has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ryan Specialty Holdings' Scaled Net Operating Assets compare to RDN and ESNT?
Ryan Specialty Holdings' Scaled Net Operating Assets of 0.43 can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for an Insurance company?
A good Scaled Net Operating Assets depends on the Insurance industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ryan Specialty Holdings and its competitors. Ryan Specialty Holdings's current Scaled Net Operating Assets is 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryan Specialty Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ryan Specialty Holdings (RYAN) is currently considered Significantly Undervalued. The stock's GF Value™ is $79.92, compared to a current price of $43.87 — trading 45.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.43. Ryan Specialty Holdings' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Ryan Specialty Holdings (RYAN), the current Scaled Net Operating Assets is 0.43 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ryan Specialty Holdings (RYAN) Overvalued in 2026?

Based on GuruFocus' analysis, Ryan Specialty Holdings stock appears to be undervalued. The current stock price of $43.87 is trading 45.1% below its estimated GF Value™ of $79.92. GuruFocus considers Ryan Specialty Holdings to be Significantly Undervalued.

Key valuation signals for RYAN:

  • Scaled Net Operating Assets: 0.43
  • GF Value™: $79.92 vs. price of $43.87 (45.1% below fair value)
  • GF Score™: 81/100 with 5 warning signs

No single metric tells the full story. See the RYAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ryan Specialty Holdings Business Description

Address 155 North Wacker Drive, Suite 4000, Chicago, IL, USA, 60606
Ryan Specialty Holdings Inc is an international specialty insurance intermediary providing specialty products, solutions, and services for insurance brokers, agents, and carriers. The company offers wholesale insurance brokerage and delegated underwriting authority products and services, including distribution, underwriting, product development, administration, and risk management. Its expertise spans property, casualty, professional lines, transportation, personal lines, workers compensation, and employee benefits insurance, across traditional insurance and alternative risk solutions. The company operates in the United States and foreign markets, with the majority of revenue generated from the United States.
81GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$43.87
Price
$79.92
GF Value